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20121202
20121210
Search Results 0 to 5 of about 6 (some duplicates have been removed)
. we can't afford for the wealthiest 2% of americans. >> reporter: john boehner dug in. no rate rises on anyone. >> the president's idea of a negotiation is roll over and do what i ask. >> reporter: the opening bid brought the gop leaders by geithner is a nonstarter. >> i was flabbergasted. i looked at him and said, you can't be serious. >> reporter: included in the offer, $1.6 trillion in new revenue, twice what was on the table in last year's failed grand bargain, and $600 billion in spending cuts, much of it from medicare, not nearly good enough, say republicans who insist the president show more of his hand. >> the white house keeps spiking the ball on tax increases for the wealthy, but it's not yet been forthcoming on real entitlement reform. and without the two, there really is no deal. >> reporter: for now, the sides are far apart. >> what the chances we're going to go off the cliff? >> there's clearly a chance. >> reporter: with time running out, many on both sides say the time for posturing is over. >> at a certain point in time, we have to quit playing to the cheap seats in
republicans are split on john boehner's plan to avoid tax hikes all together and admit negotiations are going nowhere. >> nothing going on privately that's not going on publicly. >> reporter: republicans say the president needs to meet them halfway. >> he's got to be serious. he's offered more spending, more stimulus than offering any new cuts. >> reporter: and they insist there's good reason why people making over $250,000 a year should not pay more. >> when you raise tax rates, you're impacting the small businesses that create the jobs in this country. >> reporter: the back and forth is unsettling for the nation's governors, democrats and republicans came to washington tuesday with one message. >> you've got the to come together and get this done. >> reporter: and better do it quickly because we hit the cliff in 27 days. >> the clock is ticking. tracie potts in washington. thanks. >>> overseas now where more massive anti-government protests are occurring in egypt today. the demonstrators say the rallies are a last warning to president morsi over his seizure of almost unrestricted power. and
on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few left. today there's a joint economic committee hearing. they're going to hear from a top economist not only about the jobs numbers coming out tomorrow but also about what can be done to avoid this issue at the end of the year. >> tracie potts for us in washington. thank you. >>> last night on the ed show, steny hoyer explains why he thinks the debt ceiling vote should be taken off the table. >> the debt ceiling is a phone y vote, frankly. and from time to time democrats have made it an item that they demagogue down and the republicans have demagogued on it, as well. the debt lim
up if speaker john boehner accepts ending tax breaks for people making more than $250,000 a year. >> what the president has said is we need $1.6 trillion as part of an overall deficit reduction plan, because if you don't get those additional revenues, but you also try and reduce the deficit, you end up whacking everybody else much harder. and so, it's really important to have that revenue number as high as possible. >> sure. >> look, the president's already been clear, ed. on cuts, he will continue to implement over the next ten years over $1 trillion in cuts that he agreed to as part of the budget control act, 100% cuts. and at the time, he said we've got to come back and do revenue. he "life & style weeklalso call billion in cuts and laid out exactly what those should be. >> catch "the ed show" here at 8:00 p.m. eastern on msnbc, the place for politics. >>> well, new jersey governor chris christie is making a personal plea for federal disaster aid in the wake of hurricane sandy. the republican governor paid an unannounced visit to the white house to ask the president for $83 bi
Search Results 0 to 5 of about 6 (some duplicates have been removed)